Will Trump’s Inauguration Boost Crypto? Here Are The Top 10 Coins With The Most Potential
January 19 2025 - 1:00AM
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As President-elect Donald Trump prepares for his inauguration on
January 20, the crypto community is buzzing with anticipation
regarding the potential impact of his administration on digital
assets. Analysts are closely examining which crypto assets
may benefit the most during this pivotal period, especially given
Trump’s vocal support for making the United States a leader in the
crypto space. Market expert Xremlin suggests that Trump’s
presidency could usher in a “golden era” for crypto. His analysis
focuses on US-founded coins and assets linked to the Trump family,
indicating that the inauguration might catalyze significant price
movements for certain altcoins. Notably, Eric Trump has
publicly shared his investments in Sui (SUI), Solana (SOL),
Ethereum (ETH), and Bitcoin (BTC), suggesting a focus on already
established cryptocurrencies. The Leading Crypto Contenders
Ethereum (ETH): The analyst shares that Ethereum remains a
cornerstone of the crypto ecosystem, known for its smart contract
functionality and diverse use cases. He suggests that as a
leading platform for decentralized applications (dApps), its
significance in the market is undeniable, making it a staple in any
crypto portfolio. Bitcoin (BTC): Often referred to as digital gold,
Bitcoin is the most recognized cryptocurrency and serves as a
benchmark for the entire market. Xremlin observes its potential
inclusion in a US Strategic Bitcoin reserve could further solidify
its status and drive additional interest from institutional
investors. Solana (SOL): As a US-founded blockchain with a robust
user base, Solana has gained attention for its speed and
scalability. Related Reading: Bitcoin Reserve In The US: 65%
Chance It Happens In 2025 The analyst speculates that it could soon
see the launch of an exchange-traded fund (ETF), which would
enhance its visibility and accessibility to mainstream investors.
Sui (SUI): Positioned as a direct competitor to Solana, Sui boasts
higher transactions per second (TPS) but still lacks a significant
user base. Being US-founded, it reportedly stands to gain
from any favorable regulatory developments that may arise during
Trump’s administration. World Liberty: Initiated by the Trump
family, is another one to watch, according to Xremlin. Although it
has yet to launch, its connection to the Trump name could
reportedly generate price spikes once it enters the market.
Additional Contenders For The “Trump Trade” Beyond the
aforementioned digital assets, Xremlin highlights several other
US-founded projects are gaining traction and could play a role in
the so-called “Trump trade”: Ripple (XRP): Known for its
blockchain-based payment protocol, Ripple facilitates real-time
cross-border payments, making it a key player for financial
institutions.
Chainlink (LINK):
As a blockchain-agnostic platform, Chainlink connects various
chains to major financial institutions, enabling seamless data
connectivity and interoperability.
Related Reading: Crypto Analyst Predicts When Dogecoin Price Will
Hit $3 This Cycle Ondo (ONDO): This platform bridges traditional
financial products like US bonds and treasuries to the blockchain,
enhancing accessibility and efficiency in the DeFi space.
Hedera (HBAR): Governed by a
council that includes tech giants like Google and IBM, Hedera is
designed for fast and energy-efficient transactions, ensuring
stability and transparency.
Stellar (XLM): Focused on facilitating low-cost
cross-border payments, Stellar collaborates with companies such as
Circle and MoneyGram to integrate blockchain solutions into the
U.S. financial system. Featured image from DALL-E, chart from
TradingView.com
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